Frank Venmans
Visiting Fellow
Background
Frank has a Master in Bio-engineering from the University of Ghent and an MSc in Economics and Management from the University of Mons (Belgium). He is a teaching assistant at the Finance Department of the University of Mons since 2009 and was a Visiting Research Student at the LSE in 2013-2014. Conducting a multi-criteria analysis of the EU Emission Trading Scheme, he finished his PhD in 2013.
Research interests
- Economic impacts of the EU ETS
- Compliance in the EU ETS
- Optimal abatement with reference-dependent preferences (habit formation)
- Option value related to postponing and accelerating climate policy
The endowment effect and environmental discounting
There is a considerable body of evidence from behavioural economics and contingent valuation showing that our preferences exhibit both reference dependence and loss aversion, a.k.a. the endowment effect. In this … read more »
